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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (5628)12/20/2001 2:53:20 AM
From: nspolar  Read Replies (1) | Respond to of 36161
 
iso, could you explain your thinking a little more if you don't mind?

Looking at the COT graph you showed could one not conclude that an IT top has likely been put in on the S & P 500, and that we will slosh along from here, probably downhill? The commercial shorts have increased dramatically over the last month as shown on the inverted scale, and are still increasing. The number looks pretty high. Just what you looking for here? Maybe you can teach a dummy something here. TIA.

I did notice the XNG index signals in decisionpoint appear to have crossed over just recently, so it looks like your gasser entries might be spot on.

The big dump in PM's on the NY exchange was timely wasn't it? How do they do this? Been a while since we had one. Noticed the dollar was up good today as well.

I believe the weather pattern up here is starting to change. It is a balmy -40 F this evening, but we're forcasted to get a major shift to the warm side over the next few days. Might even get back to zero. For us I believe it is due to sizeable storm down around Kodiak. Sure it affects you guys later, just don't know how.



To: isopatch who wrote (5628)12/20/2001 9:28:45 AM
From: Paul Shread  Read Replies (1) | Respond to of 36161
 
Thanks again, Iso. What are you playing on the NG side? You're going to have to scream SELL when it's time in that sector, because I've never played it and am a real dummy. -g-

You may be right; this market looks like it just plain doesn't want to go down yet.

COMPX will break a heckuva trendline on the open, however, which is always a warning sign for us small-minded chartheads. -g-

cache.wsrn.com

Best,

Paul